Formula 1 and Las Vegas officials confirmed a 10-year contract extension for the Las Vegas Grand Prix on June 4, 2026, ensuring the race remains on the F1 championship calendar through 2037. The extension locks in the event for another decade following the race's reintroduction to the Las Vegas street circuit in November 2023, which proved to be one of the most commercially successful events in the sport's recent history.
The Las Vegas Grand Prix returned to the calendar for the first time in over four decades when it debuted in 2023, drawing enormous attention from both the motorsport world and the entertainment and hospitality industries centered on the Las Vegas Strip. The circuit runs through some of the most iconic stretches of Las Vegas Boulevard, passing by major casino resorts and entertainment venues in a format that blends elite motorsport with Las Vegas spectacle.
What the Extension Means for Las Vegas
The new contract significantly extends Formula 1's long-term commitment to the United States, which has become one of the sport's most important growth markets over the past five years. The Las Vegas Grand Prix, along with the United States Grand Prix in Austin and the Miami Grand Prix, gives Formula 1 three American races on the calendar — a reflection of the sport's surging popularity among US audiences driven in part by the Netflix docuseries Drive to Survive.
For Las Vegas specifically, the extension guarantees at least a decade of additional Grand Prix weekends at a time when the city is positioning itself as a year-round destination for major sporting events. The race weekend, typically held in November, has generated significant economic activity across the Strip, with hospitality, entertainment, and gaming venues benefiting from the influx of international visitors. Las Vegas is currently hosting its third F1 race in November 2026, with the extension covering subsequent races through 2037.
Betting and Gaming Context
The Las Vegas Grand Prix has also become a significant event for sports betting operators in Nevada and nationally. Formula 1 has seen dramatic growth in its US wagering market alongside its television ratings, with bettors engaging with a full range of race winner, podium, and prop markets across licensed sportsbooks. Nevada's gaming regulators allow extensive Formula 1 wagering, and the Las Vegas race generates some of the highest handle totals for motorsport in the state each year it has run.
For fans and bettors interested in following the race, Nevada sportsbooks will be accepting wagers across the full range of F1 markets for the November 2026 Las Vegas Grand Prix. The extension through 2037 also makes the event a reliable fixture for future wagering calendars, removing the uncertainty that can accompany race contracts nearing their end. Bettors looking to track Nevada sportsbooks for F1 odds will find the market will remain active for the foreseeable future.
F1 has not released detailed financial terms of the extension, and Formula 1 management and Las Vegas officials have not disclosed the specific guaranteed payment structure to host the race. However, the original Las Vegas Grand Prix deal was reported to have included a substantial hosting fee paid by Formula 1 to secure the right to run the event on public streets, alongside private investment from casino and entertainment partners along the circuit route.
